Acting on behalf of a private landlord London Clancy has sold 9-11 Church Street, Basingstoke.
The premises provide a total of 1,494sq ft, and located in the Top of Town. The current rent is £37,000 per annum exclusive.
The building incorporates a strong regional covenant, Leightons opticians and hearing care, who currently trade from 35 branches across the southern region.
The upper parts of the building accommodate 13 apartments which were completed in 2016 and have been sold off on long leases.
London Clancy was quoting a sale price of £525,000 for the 999 year lease.
On behalf of private clients, London Clancy has sold a 0.18 acre development opportunity in the centre of Basingstoke.
The site, which was formerly occupied by a national car and van hire business and benefiting from a prominent position to the west of the town, and is highly visible from the inner ring road.
London Clancy sought bids in 2018 and following a successful marketing campaign the site was sold in April 2018 and a deal concluded within 28 days thereafter.
The site attracted significant interest from both owner occupiers and developers.
London Clancy are pleased to announce that following two successive lettings, Chiltern House is now fully occupied.
The Salt Cave has taken the whole of the ground floor at 1,065 sq ft for a 10-year period.
The business provides halotherapy healthcare and is the eleventh practice in the growing franchise.
Exciting Escapes have taken the first floor, which equates to 1,100 sq ft.
Our client has one remaining suite in the ‘top of town’ in Yard House at a total of 675sq ft, ideal for small and new businesses.
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ROMSEY OFFICES SOLD TO PRIVATE INVESTOR
Two adjoining office building extending to approximately 3,800 sq ft (353 sq m) have been sold to private investors Brightbeech.
Brightbeech intend to refurbish the existing accommodation.
The properties were available at a quoting price of £1.4m.
London Clancy acted on behalf of private investors represented by Ridge Asset Management and Primmer Olds advised the purchasers.
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Acting on behalf of a Private Investor, London Clancy has successfully sold the above long leasehold retail investment to a Property Vehicle.
The fully let premises comprise some 22,082 sq.ft. (including mezzanine) on a site of circa 1.29 acres. Subject to a Ground Lease with some 92 years unexpired.
The quoting price was £1.25m plus VAT, Subject to Contract which would show a yield of about 11.63% after purchaser’s costs.
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London Clancy are pleased to report the letting of 6 Woodlands Business Village, Basingstoke. S & S Personalisation will be occupying the whole of the ground floor, for a term of 5 years.
The growing sportswear personalisation company, offers their services to football and rugby clubs across the country, and their success has allowed them to take the next step to meet their increasing demand.
The modern terrace continues to prove popular among new and established businesses, with its close proximity to the town centre, and excellent access to transport links.
This deal ensures the terrace remains fully occupied.
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A leading Orpington company has opened a new office for its growing business in Winchester to take advantage of excellent road connections to the Solent area and westwards.
Neilcott Construction Ltd, specialise in building contract services for clients across the south east.
Acting for a private landlord, London Clancy have let 5 Moorside Place, Winnall to Neilcott Construction Ltd on a 10½ year lease. The asking rent for the 5,422 sq ft two storey business unit was £43,000 per annum exclusive.
“Moorside Place provides us with the ideal mix of offices and warehousing as we expand westwards” says Pat Hughes, Regional Director of Neilcott Construction. “We will be well placed to win new work with this base on the junction of the M3/A34 and A303 nearby” continued Hughes.
“We received a number of enquiries in response to the marketing campaign which reflects the buoyant commercial market across all sectors in Winchester right now” reports James Clay of London Clancy.
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